Vietnam's agro-forestry-aquatic product exports reached 6.14 billion USD in March, bringing the total export value in the first quarter of this year to 15.7 billion USD, a year-on-year increase of 13%.
The export of agro-forestry-aquatic products has created a breakthrough this year, generating 62.5 billion USD, up 18.7% year on year, with a record trade surplus of 17.9 billion USD, marking a remarkable 46.8% growth rate compared to the previous year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam boasts advantages and potential in agricultural production and export, yet domestic firms need to do more to join the global food supply chain more intensively, insiders have said.
Vietnam shipped some 29.2 billion USD worth of agro-forestry-aquatic products abroad during the January-June period, a year-on-year increase of 19%, according to the Ministry of Agriculture and Rural Development.
Establishing logistics chains connecting producers with traders is an urgent need to improve the effectiveness of agro-forestry-aquatic product exports, heard a roundtable conference held in Ho Chi Minh City on December 25.
The export turnover of agro-forestry-aquatic products in the third quarter of 2023 is expected to be equivalent to the figure in the same period last year, and is likely to see positive growth in the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam’s agro-forestry-aquatic product exports raked in 24.59 billion USD in the first six months of 2023, down 11.1% year on year while the country's imports reached 19.96 billion USD, resulting in a trade surplus of 4.63 billion USD, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam's exports of agro-forestry-aquatic products are forecast to rebound in the second quarter as import market economies have shown signals of recovery, insiders have said.
The Ho Chi Minh City People’s Committee has issued a plan to implement the Ministry of Agriculture and Rural Development’s decision approving a project on ensuring food safety and improving the quality of agro-forestry-aquatic products in the 2021 - 2030 period.
Vietnam’s export of agro-forestry-aquatic products reeled in over 3.7 billion USD in January, down 23% against the same period last year, according to the Ministry of Agricultural and Rural Development.
Vietnam’s export of agro-forestry-aquatic products hit a record revenue of over 53.22 billion USD last year, up 9.3%, including nearly 11 billion USD from aquatic products.
Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
Batches of agro-forestry-aquatic products of Vietnam have been shipped to the US in the first two months, offering chances for the country to accelerate exports to a major but challenging market of the world.
Vietnam’s agro-forestry-aquatic product exports and imports were estimated at nearly 82.67 billion USD in the first 11 months of this year, up 24.7 percent annually, reported the Ministry of Agriculture and Rural Development (MARD).
Total export-import value of agro-forestry-aquatic products in the January-July period was over 53.2 billion USD, of which some 28.6 billion USD came from exports, up 26.7 percent year-on-year.
Vietnam raked in 22.83 billion USD from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3 percent, reported the Ministry of Agriculture and Rural Development.
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
Vietnam raked in 30.05 billion USD from exporting agro-forestry-aquatic products in the first three quarters of 2020 and the value is hoped to hit over 40 billion USD for the whole year, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
